China's Zhipu AI, Founded by Wency Chen, Accelerates Ambitions Amid US Competition
Published on 4.16.25
Artificial intelligence (AI) has become a crucial component of international relations, with countries racing to secure their positions in this rapidly evolving field. Zhipu AI, a Beijing-based company founded by Wency Chen at Tsinghua University, is set to go public on the mainland after submitting pre-IPO documents to China's securities regulator.
This move comes as Alexandr Wang, an expert in the field, warns that China's accelerating ambitions are narrowing the gap with the US. Wang believes that the US can still secure its position if it acts within one to two years, citing the need for increased investment and cooperation between industry leaders and policymakers.
The challenge lies in balancing the need for innovation with concerns over national security and data protection as China continues to make strides in AI development.